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1082272

	registered interest
	date	05/03/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Individual Savings Accounts
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many people have invested in an Innovative Finance ISA; and what assessment he has made of the level of uptake of that ISA.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	228624
	answer	answer is ministerial correction date of answer 11/03/2019 answer text According to HMRC statistics, 31,000 innovative finance ISA accounts were subscribed to during the 2017-18 tax year.<p> </p>The Innovative Finance ISA increases the investment options available to investors and forms part of the wider ISA family. An attractive market for peer to peer lending within ISA already exists, with sufficient providers offering a product which meets the needs of lenders and investors. answering member constituency Salisbury answering member printed John Glen question first answered 11/03/2019 14:11:56 answering member 4051 label Biography information for John Glen
	tabling member	1586 label Biography information for Adam Afriyie

1082273

	registered interest
	date	05/03/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bank Cards: Fees and Charges
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of the comparative merits of flat rate Interchange Fees as opposed to fees proportional to the value of the transaction; and whether his Department plans to exercise section 7 of the Interchange Fee (Amendment) (EU Exit) Regulations 2018 to decrease the per transaction interchange fee.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	228625
	answer	answer is ministerial correction date of answer 11/03/2019 answer text <p>The Government is open to hearing views on this issue, and digital payments more broadly, as evidenced by its call for evidence on cash and digital payments in the new economy. Amongst other things, this explored how the Government can best support digital payments. The Government will formally respond to the call for evidence in due course.</p><p> </p><p>The European Commission is in the process of reviewing the effectiveness of the Interchange Fee Regulation as part of its usual process. The Payment Systems Regulator, who is the UK’s lead competent authority for the Interchange Fee Regulation, is also conducting a review into the supply of card-acquiring services. Amongst other things, this review will examine the fees merchants pay for these services. The Government has therefore not made a formal assessment of the Interchange Fee Regulation.</p> answering member constituency Salisbury answering member printed John Glen question first answered 11/03/2019 14:15:55 answering member 4051 label Biography information for John Glen
	tabling member	1586 label Biography information for Adam Afriyie

1064083

	registered interest
	date	19/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Productivity
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what proportion of productivity growth in the last five years can be attributed to financial technology.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	223494
	answer	answer is ministerial correction date of answer 27/02/2019 answer text <p>The government has not made an assessment of the proportion of productivity growth in the last five years that is attributable to financial technology.</p><p> </p><p>However, the Government has taken significant steps to increase competition in financial services, including creating an environment in which Fintech firms can grow and compete with incumbents. The Competition and Market Authority has led the Open Banking initiative, bringing more competition and innovation to financial services. The FCA has also established the Innovation Hub and Regulatory Sandbox to support Fintech, both of which are held up as global examples of best practice. Further information on the Government’s efforts to promote FinTech can be found in the FinTech Sector Strategy, published in March 2018.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 27/02/2019 16:00:31 answering member 4320 label Biography information for Robert Jenrick
	tabling member	1586 label Biography information for Adam Afriyie

1064084

	registered interest
	date	19/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Employment
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of recent trends in the employment rate in the UK.
	tabling member constituency	Windsor
	tabling member printed	Adam Afriyie
	uin	223495
	answer	answer is ministerial correction date of answer 27/02/2019 answer text <p>The employment rate is currently at a record high of 75.8%.</p><p> </p><p>There are currently a record 32.5 million people in work. Over the last year, employment growth has been driven almost entirely by high skilled jobs and full-time workers.</p><p> </p><p>Since the 2010 election we’ve seen over 3.5 million more people in employment – equivalent to an average of over 1,000 extra people in work every single day.</p><p> </p><p>This is alongside an unemployment rate which has not been lower since 1975, wages growing at the fastest pace in over a decade, and 9 consecutive months of real wage growth.</p> answering member constituency Salisbury answering member printed John Glen question first answered 27/02/2019 12:38:42 answering member 4051 label Biography information for John Glen
	tabling member	1586 label Biography information for Adam Afriyie

1077241

	registered interest
	date	25/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Connect Airways: Flybe
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what discussions he has had with Cabinet colleagues on the takeover of Flybe by the Connect Airways consortium.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	225554
	answer	answer is ministerial correction date of answer 28/02/2019 answer text Aviation is crucial to our economy and the UK’s aviation sector continues to grow. The takeover of Flybe is a commercial matter. The Department for Transport continues to monitor the situation given the importance of regional connectivity to local economies. The Chancellor has not received written representations from investors on the takeover or the purchasing of the working assets of Flybe and in line with the practice of successive administrations, details of ministerial discussions are not normally disclosed. answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 225555 225558 225559 question first answered 28/02/2019 17:02:35 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4470 label Biography information for Alan Brown

1077243

	registered interest
	date	25/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Connect Airways: Flybe
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what representations he has received from investors on the takeover of Flybe by the Connect Airways consortium.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	225555
	answer	answer is ministerial correction date of answer 28/02/2019 answer text Aviation is crucial to our economy and the UK’s aviation sector continues to grow. The takeover of Flybe is a commercial matter. The Department for Transport continues to monitor the situation given the importance of regional connectivity to local economies. The Chancellor has not received written representations from investors on the takeover or the purchasing of the working assets of Flybe and in line with the practice of successive administrations, details of ministerial discussions are not normally disclosed. answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 225554 225558 225559 question first answered 28/02/2019 17:02:35 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4470 label Biography information for Alan Brown

1077246

	registered interest
	date	25/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Connect Airways: Flybe
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what discussions he has had with Cabinet colleagues on the purchasing of Flybe working assets by the Connect Airways consortium.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	225558
	answer	answer is ministerial correction date of answer 28/02/2019 answer text Aviation is crucial to our economy and the UK’s aviation sector continues to grow. The takeover of Flybe is a commercial matter. The Department for Transport continues to monitor the situation given the importance of regional connectivity to local economies. The Chancellor has not received written representations from investors on the takeover or the purchasing of the working assets of Flybe and in line with the practice of successive administrations, details of ministerial discussions are not normally disclosed. answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 225554 225555 225559 question first answered 28/02/2019 17:02:35 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4470 label Biography information for Alan Brown

1077247

	registered interest
	date	25/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Connect Airways: Flybe
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what representations he has received from investors on the purchasing of Flybe working assets by the Connect Airways consortium.
	tabling member constituency	Kilmarnock and Loudoun
	tabling member printed	Alan Brown
	uin	225559
	answer	answer is ministerial correction date of answer 28/02/2019 answer text Aviation is crucial to our economy and the UK’s aviation sector continues to grow. The takeover of Flybe is a commercial matter. The Department for Transport continues to monitor the situation given the importance of regional connectivity to local economies. The Chancellor has not received written representations from investors on the takeover or the purchasing of the working assets of Flybe and in line with the practice of successive administrations, details of ministerial discussions are not normally disclosed. answering member constituency South West Norfolk answering member printed Elizabeth Truss grouped question UIN 225554 225555 225558 question first answered 28/02/2019 17:02:35 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4470 label Biography information for Alan Brown

1081779

	registered interest
	date	04/03/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Guaranteed Minimum Pensions
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many public sector workers were directly affected by the recent HMRC exercise to reconcile pensions which resulted in overpayments due to changes in the guaranteed minimum pension.
	tabling member constituency	Leeds North West
	tabling member printed	Alex Sobel
	uin	228086
	answer	answer is ministerial correction date of answer 07/03/2019 answer text <p>The Treasury does not hold data on individuals subject to the guaranteed minimum pension (GMP) reconciliation exercise. Departments, local authorities and their scheme managers to whom administration ‎is delegated<em> </em>are responsible for reconciling GMP data with HMRC. Departments and local authorities are responsible for notifying where there<em>‎</em><em> </em>have been overpayments. Further information is set out in scheme accounts.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 07/03/2019 13:02:47 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4658 label Biography information for Alex Sobel

1078737

	registered interest
	date	27/02/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Brexit
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, if his Department will make a comparative assessment of the cost of extending the date for the UK leaving the EU from 29 March 2019 to 30 December 2021.
	tabling member constituency	Romford
	tabling member printed	Andrew Rosindell
	uin	226615
	answer	answer is ministerial correction date of answer 07/03/2019 answer text <p>We reached a fair financial settlement with the EU, honouring commitments we made during our period of membership, as set out in the draft Withdrawal Agreement in November 2018. As the Prime Minister said in her statement to Parliament, we do not want to see Article 50 extended. By far the best way forward is for Parliament to agree to leave with a deal when we bring the Meaningful Vote back. If Article 50 were to be extended, any adjustments to the financial settlement would be subject to future negotiations.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 07/03/2019 15:27:36 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	1447 label Biography information for Andrew Rosindell